UPDATED:
10/01/2024 02:43 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 34,300 sqft
Price per Sqft $145
MLS Listing ID VAWI2006504
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $25,845
Tax Year 2024
Lot Size 0.366 Acres
Acres 0.37
Property Description
Highlights include the Bright Center, once home to Winchester’s first escalator, now a charming carpeted staircase in the Bright Box Theater. Other key tenants include Worlds Away Escape Room and Exotic Himalayan Shop, adding to the building’s eclectic appeal. Professionally managed and just steps from Boscawen Street, this property is surrounded by historic landmarks, including the Shenandoah Valley Civil War Museum.
With a pro-forma cap rate of approximately 5.45%, this is an incredible opportunity for investors looking to own a piece of Winchester’s history while enjoying steady returns. Don't miss out on this prime location—perfect for retail and office space in a thriving downtown area!
Location
State VA
County Winchester City
Zoning B1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Zoned
Flooring Partially Carpeted, Wood
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Rubber
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Winchester City Public Schools
Others
Tax ID 193-01-B-6
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327